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Bought a occupied condo in auction
Bought an occupied condo in auction this week, I am a rookie into investment real estate, I have never dealt with dealing with properties that already has owner living in it. Can any one suggest what are the things i got to do to vacate the owner and also make sure that he doesnt do any damage to the property.
The condo that bought also has a clause saying owners have to live in the condo for 2 years before renting, is this applicable for me, since i bought this in auction (i didnt knew this clause and was not mentioned on the auction that there is a rental clause) would i be exception for this clause.
Appreciate your replies. Thanks